The South South Trust Fund (SSTF)

For background information on the SSTF  click here

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The Voluntary Trust Fund for South-South Cooperation (SSTF) was established within UNDP in 1996, in accordance with United Nations General Assembly resolution 50/119. Japan has been the largest contributor, followed by China, Republic of Korea and Ireland as shown in the summary chart below.

  • Click here  to view the agreement between the Government of the People's Republic of China and the United Nations Development Programme concerning the contribution to the Voluntary Trust Fund for the promotion of South-South Cooperation.
     
  • Click here to view the memorandum of Understanding between the Government of the Republic of Korea and the United Nations Development Programme concerning the Establishment of a Subsidiary Trust Fund under the Voluntary Trust Fund for the promotion of South-South Cooperation.

Perez-Guerrero Trust Fund

The Perez-Guerrero Trust Fund for Economic and Technical Cooperation among Developing Countries was established in 1983 to provide seed monies for research and implementation of TCDC/ECDC projects among countries of the G77. Administered jointly by the UNDP and the G77, the Fund was established by the United Nations in accordance with General Assembly resolution 38/201. In 1986, the Trust Fund was named after the late Venezuelan official Manuel Perez-Guerrero.

Contributions to the South-South Cooperation Trust Fund and Cost Sharing

Between 1997 and 2003, about US$33.05 million was contributed and mobilized for South-South Cooperation from both developed and developing countries.  Table 1 shows the breakdown of annual contributions.

Table 1 Contribution of Non-Core Resources to South-South Cooperation

(Unit: thousand dollars)
Resources Contributors 1996 1997 1998 1999 2000 2001 2002 2003 Total
South-South Cooperation Trust Fund (SSTF)  China         150 250 400 600 1,400
Korea   200 100 100 100 50 50   600
Ireland     37   27       64
Ford Foundation         100       100
Sub Total     200 137 100 377 300 450 600 2,164
                     
Cost sharing Japan 2,000 2,000 5,015 6,000 5,267 4,500 150 3,500 28,432
                     
Parallel Financing JICA       98 109       207
Rockefeller Foundation           50 67 40 157
IDRC             400   400
CIDA             320   320
ITU               1,200 1,200
Cameroon               170 170
Sub Total   0 0 0 98 109 50 787 1410 2454
Grand Total 2,000 2,200 5,152 6,198 5,753 4,850 1,387 5,510 33,050